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Peapack Capital

Peapack Capital

Experienced. Dedicated. Equipment Finance and Leasing.

Peapack Capital, a subsidiary of Peapack-Gladstone Bank, provides loans and leases to companies of all sizes, specializing in large-scale transactions which help businesses grow and succeed. With more than 20 years of experience, the Peapack Capital team is a dedicated finance group, experts in various financing structures, able to support a broad spectrum of industries and assets.

Transaction Profile:

  • $3 million to $30 million, with the ability to syndicate larger opportunities
  • Priority interest in collateral deemed to be mission critical and revenue producing

Terms:

  • Financing tenors up to 10-years – potentially longer for marine or rail assets

Client Profile:

  • In Bank footprint: public and private U.S. based companies with annual revenues of $50 million
  • Out of Bank footprint: public and private U.S. based companies with annual revenues of $100 million

Industry Niche:

  • Transportation – Heavy duty trucking, marine, business aviation, rail, logistics
  • Industrials – Automotive, utilities, telecom, energy, construction, chemicals
  • Manufacturing – Technology, machine tools, consumer products packaging, plastic extrusion
  • Healthcare – diagnostic imaging, medical testing, radiation therapy, surgical
  • Information Technology - Servers, PCs, networking equipment, switches, software

Products:

  • Capital, synthetic, operating, TRAC and Split-TRAC leases
  • Taxable and tax-exempt lease structures
  • Capex financing for new and used equipment
  • Sale/leaseback of existing equipment
  • Secured term debt and balloon financing structures

Peapack Capital Leadership

Robert R. Cobleigh 
Executive Vice President, President of Peapack Capital
rcobleigh@pgbank.com

Richard Johnston
Senior Vice President, Capital Markets
rjohnston@pgbank.com

David Santom
Senior Vice President, Head of Asset Management
dsantom@pgbank.com

Dennis Smith
Senior Vice President, Chief Operating Officer
dsmith@pgbank.com

Frank Striplin
Senior Vice President, Sales Director
fstriplin@pgbank.com

All Banking Should Be Private Banking.

PEAPACK-GLADSTONE BANK IS A HIGH-PERFORMING BOUTIQUE BANK, LEADERS IN WEALTH, LENDING AND DEPOSIT SOLUTIONS, KNOWN NATIONALLY FOR UNPARALLELED CLIENT SERVICE, INTEGRITY AND TRUST.

  • Core Principles
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Non-deposit investment products are not insured by the FDIC; are not deposits or other obligations of, or guaranteed by, Peapack-Gladstone Bank; and are subject to investment risks, including possible loss of the principal amount invested.